#ABUK Egyptian stock - great opportunity - great fundamental.
#ABUK time frame 1 DAY
created 2 Bullish pattern ( Gartley and AB=CD ) , so we can see action price in this point but in anther hand we are in a downtrend targeted 41.00 to 35.00 especially EGX30 is negative .
Entry level at 48.00 to 48.30
Stop loss 47.50 ( loss may go to up -1.7% ) or 46.80 the last stand with loss -4%
First target at 51.75 ( with profit around 7% )
Second target 54.25 ( with profit around 12% )
Third target 56.00 ( with profit 15% )
NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock .
In addition EGX30 is negative.
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
created 2 Bullish pattern ( Gartley and AB=CD ) , so we can see action price in this point but in anther hand we are in a downtrend targeted 41.00 to 35.00 especially EGX30 is negative .
Entry level at 48.00 to 48.30
Stop loss 47.50 ( loss may go to up -1.7% ) or 46.80 the last stand with loss -4%
First target at 51.75 ( with profit around 7% )
Second target 54.25 ( with profit around 12% )
Third target 56.00 ( with profit 15% )
NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock .
In addition EGX30 is negative.
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
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